1. In recent Williams edge live meetings (including Friday, April 20) it was noted that daily closes above $9.53 in July soybeans should be bought for an advance to $9.65/$.70 initial profit target.
2. Subsequently, Friday’s session closed at $9.55 (above $9.53, indicating new long entry). Today’s (Monday, May 1) July soybean market completed the $9.65/$70 initial upside target (today’s session high $9.74, so far). This successfully completes the initial portion of the trade. A further ‘wildcard’ advance to $9.83/$85 remains possible into Thursday, May 4 (+/-1 day) as noted previously. Will message any further entry or indication in July soybeans.